The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert.
Growing energy dema

The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert.
Growing energy dema

National Iranian Drilling Company (NIDC) has drilled or completed drilling operations on 141 oil and gas wells both onshore and offshore, said a top official.
The operations amounting to 197,958 metres were carried out by the NIDC

Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday.
Once an energy exporter, Egypt has turned into a net importer be

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency.
As credi

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency.
As credi

A record number of rigs are drilling for oil and gas on the Arabian peninsula even as drilling in the rest of the world tumbles in response to low prices, writes John Kemp, a columnist for Reuters.
There were almost 290 rigs activ

The National Iranian Drilling Company (NIDC) has set up 15 offshore and onshore drilling rigs in joint fields spudding 100 wells, according to a report.
The company i currently drilling wells in Azadegan, South

Eni, an Italian oil and gas company, has signed a deal with Chariot Oil and Gas to explore deep offshore exploration permits I-VI granted by Rabat and located in the Northern Atlantic Margin of Morocco, according to a report.
&nbs

Qatar’s Gulf International Services (GIS), the leading service group, has announced that its subsidiary Gulf Drilling International (GDI) has signed a contract with Dolphin Energy for drilling rig services, a report said.
Th